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IPO Synopsis IPO   > IPO Synopsis
As on : Mar 04,2026 01:13 AM
Rajputana Stainless Ltd
Registered Office: 213 Madhwas,Halol Kalol Road Kalol, Panchmahals - 389330, Gujarat, India.
Phone : +91 635816 4770   Fax:
Email :    
Website :  
Initial public offering of up to 2,09,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Rajputana Stainless Limited ("The Company" or the "Issuer") for cash at a price of Rs.122.00 per equity share (Including a Securities Premium of Rs. 112.00 per Equity Share) ("Offer Price") aggregating up to Rs. 254.98 crores comprising a fresh issue of up to 1,46,50,000 equity shares of face value of Rs. 10/- each aggregating up to Rs.178.73 crores by the company ("Fresh Issue") and an offer for sale of up to 62,50,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. 76.25 crores ("Offered Shares") by Shankarlal Deepchand Mehta (The "Selling Shareholder" or "Promoter Selling Shareholder"), ("Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital of its company. Price Band: Rs. 116 to Rs. 122 per equity share of face value of Rs. 10/- each. The floor price is 11.60 times of the face value of the equity shares and the cap price is 12.20 times of the face value of the equity shares. Bids can be made for a minimum of 110 equity shares of face value of Rs. 10/- each and in multiples of 110 equity shares of face value of Rs. 10/- each thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Mar-26 11-Mar-26 (Rs) 116.00 (Rs) 0.00
Minimum Application for shares in Nos : 110   Further Multiples of : 110
  Lead Managers to the Issue
Project Cost (Rs.Cr) 0.00 Nirbhay Capital Services Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 242.44  
Post Issue Equity Share Capital (Rs.Cr) 89.82  
Issue Price (Rs) 116.00  
Projects
Funding capital expenditure requirements in relation to the setting up of the proposed facility Funding working capital requirement of the proposed facility
Full or part of repayment and /or prepayment of certain outstanding secured borrowings availed by the company General corporate purposes
Promoted By
Shankarlal Deepchand Mehta
Babulal D Mehta
Jayesh Natvarlal Pithva
Listing At
BSE
NSE
Registrar to the Issue
No Data Available